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BRIEF-India cenbank sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction
November 7, 2016 / 11:53 AM / a year ago

BRIEF-India cenbank sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction

Nov 7 (Reuters) - Reserve Bank of India:

* Sets cut-off rate of 6.24 percent at overnight variable rate reverse repo auction

* Weighted average rate at 6.23 percent at overnight variable rate reverse repo auction

* Allots 22.27 billion rupees at overnight variable rate reverse repo auction; gets bids worth 22.27 billion rupees

Source text: bit.ly/2fvlYbS (Bengaluru newsroom)

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